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Allowances were made accordingly.
But some allowances were called for.
A lot of allowances were made.
Carbon allowances were sold every three months, he said, but the allowances "were never expensive enough to change behavior as they were intended to".
The most serious problem, say critics, is that allowances were doled out too generously.
Over time, the cap and the number of allowances were slowly reduced.
That's one reason why family allowances were introduced in the first place.
"Huge money, around £600m, suddenly went into data centres just before the old enterprise zone allowances were abolished," Taylor said.
When changes to housing benefit allowances were introduced, the government said that they would help to push down private rents.
PSI spent only $250 million to clean up its smokestacks, and allowances were "cheap and plentiful," Rogers says.
O'Connor said people had every right to be worried that penalty rates and allowances were up for grabs.
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